Oremex Provides Update on Tejamen Silver Property

Vancouver, Canada (ots/PRNewswire) - Oremex Resources Inc. (TSX-V:
ORM) (the "Company") today announced an update on progress at its
Tejamen Silver Property in the State of Durango, Mexico. The
Company's representatives are continuing discussions with the Ejido
of Tejamen, which holds the surface rights to the Tejamen Silver
Property. Discussions are progressing well and the Company is
confident that a settlement that will benefit both parties can be
achieved.

A NI 43-101 compliant preliminary assessment study completed in
October 2006 by Snowden Industry Mining Consultants ("Snowden")
scoped the project as a 10,000 tonne per day heap leach operation
with open pit mining from the two mineralized zones, Cerro Prieto
and Los Mantos. As a portion of the village of Tejamen lies between
the two zones, Snowden considered an early move of the village to be
an important component in advancing the project to production.
Management has now completed an internal analysis based on data and
cost estimates from the Snowden report that supports initial
production from Los Mantos, the southern zone of mineralization,
which would preclude the need to move the village of Tejamen in the
near term. Disturbance to the village would be minimal under this
plan of operations and production could proceed for a minimum of four
years. The Los Mantos Zone contains approximately 70 percent of the
silver content defined to date on the property. It also offers
significant exploration potential for the addition of silver
resources on the property. Under the guidance of the Company's new
project development manager, options for commencement at Los Mantos
with follow-up mining at the Cerro Prieto Zone are under
consideration.

The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy and accuracy of this release.

National Instrument 43-101 requires the following statement: that
the preliminary assessment is preliminary in nature, that it
includes inferred mineral resources that are considered too
speculative geologically to have the economic considerations applied
to them that would enable them to be categorized as mineral
reserves, and there is no certainty that the preliminary assessment
will be realized.

Forward-Looking Statements: The above contains forward-looking
statements that are subject to a number of known and unknown risks,
uncertainties and other factors that may cause actual results to
differ materially from those anticipated in our forward-looking
statements. Factors that could cause such differences include:
changes in world commodity markets, equity markets, costs and supply
of materials relevant to the mining industry, change in government
and changes to regulations affecting the mining industry.
Forward-looking statements in this release include statements
regarding future exploration programs, operation plans, geological
interpretations, mineral tenure issues and mineral recovery
processes. Although we believe the expectations reflected in our
forward- looking statements are reasonable, results may vary, and we
cannot guarantee future results, levels of activity, performance or
achievements.

ots Originaltext: Oremex Resources Inc.
Im Internet recherchierbar: http://www.presseportal.de

Contact:
For further information: Linda Thorstad, M.Sc., P.Geo., Chief
Executive Officer, T: +1-(604)-683-5651, E: linda.thorstad@oremex.com